BOSTON—Cabot Corp. is implementing a global, 15-percent price increase for brand silica products, effective July 1 or as contracts allow.
Products subject to the price hike are Cab-O-Sil hydrophobic and colloidal silica products.
Cabot said May 24 that the increase is a function of higher costs for treating agents, freight and plant operations.
"This increase will help ensure that Cabot remains a reliable, long-term supplier of high-quality products and services," the company said. "It will also enable Cabot to continue to invest in the development of new products and applications to support its customers."